BT 2012 Annual Report Download - page 88
Download and view the complete annual report
Please find page 88 of the 2012 BT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
 |
 |
Governance
Deferred Bonus Plan (DBP) awards at 31 March 2012
As set out on page 78, a portion of executive directors’ annual bonus is paid in the form of deferred shares. The following table sets out deferred
share awards that have been granted to directors during the year and previous awards that have vested. These shares will normally be transferred to
participants at the end of the three-year deferred period if those participants are still employed by BT Group.
1 April 2011 AwardedaDividends
re-invested Vested Lapsed
Total number
of award
shares
31 March
2012 Vesting date
Price
at grant
Market price
at vesting
Monetary
value of
vested award
£000
I Livingston
237,410 – – 237,410 – – 1/8/2011 203.00p 202.67p £481
287,008 – 12,342 – – 299,350 1/8/2012 128.41p – –
939,629 – 40,408 – – 980,037 1/8/2013 134.26p – –
– 711,777 30,609 – – 742,386 1/8/2014 198.83p – –
T Chanmugam 55,816 – – 55,816 – – 1/8/2011 203.00p 202.67p £113
64,365 – 2,767 – – 67,132 1/8/2012 128.41p – –
270,347 – 11,625 – – 281,972 1/8/2013 134.26p – –
– 227,961 9,802 – – 237,763 1/8/2014 198.83p – –
G Patterson 96,880 – – 96,880 1/8/2011 203.00p 202.67p £196
101,296 – 4,355 – – 105,651 1/8/2012 128.41p – –
284,576 – 12,237 – – 296,813 1/8/2013 134.26p – –
– 243,577 10,474 – – 254,051 1/8/2014 198.83p – –
a Awards granted on 27 June 2011 in respect of 2011. The number of shares subject to awards was calculated using the average middle market price of a BT share for the three days prior
to the grant. Awards of deferred shares in respect of 2012 will be calculated using the average middle market price of a BT share for the three days prior to grant. It is expected that awards will be granted in
June 2012.
Reports of the Board Committees
Overview
BusinessStrategy
Performance
Governance
Financial statements
Additional information Overview
BusinessStrategy
Performance
Governance
Financial statements
Additional information